The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has urged petroleum marketers to sell household kerosene at N150 per litre.
Currently marketers sell kerosene between N180 and N200 per litre, and it is also sold outside the petrol stations at N250 per litre.
A statement by NNPC on Friday said Baru spoke in Abeokuta when he paid a courtesy visit to Ogun State Governor, Ibikunle Amosun.
“I am calling on other marketers to emulate NNPC by selling kerosene at maximum of N150 per litre which also provides sufficient margin for them to do so. We are committed to promoting the use of Liquefied Petroleum Gas (LPG) as an alternative choice for home cooking, which is also available at our NNPC retail stations,” he said.
Baru also expressed its readiness to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS2) project in the last quarter of this year in order to boost gas to power in the country.
He said the 36 inch and 342 kilometer gas pipeline project would double the capacity of the existing ELPS thereby improving gas supply to Ogun State and its environs.
“We wish to reiterate that NNPC will continue to support the aspiration of Ogun, Ondo and Lagos States towards the establishment of a mega city and the free trade zones.
“As you may be aware, gas supply to these states are key to the realization of these objectives. Our major gas and product pipelines transverse Ogun State,” Dr. Baru declared.
He said the recent achievement of security agencies in safeguarding the Atlas Cove to Mosimi System 2B pipeline would not have been possible without the support of the host communities and the state government.